World Bank cuts 2025 global growth forecast by 0.4 percentage points

- Cuts US growth forecast by 0.9 pp to 1.4%, cuts 2026 forecast by 0.4 pp - Advanced economies growth seen at 1.2% vs 1.7% - Eurozone seen at 0.7% vs 1.0% - Emerging and developing economies seen at 3.8% vs 4.1% - China forecast unchanged a https://www.forexlive.com/news/world-bank-cuts-2025-global-growth-forecast-by-04-percentage-points-20250610